TDS on NRI: Purchase of Property from NRI

When I buy a property( residential house ) from a NRI am I bound to deduct any tax amount and to pay to Income Tax Dept after calculating the capital gain which the seller gains. If so what is the percentage at which tax to be paid ?

However, in case the NRI intends to reinvest these Capital Gains in India and claim Exemption, No TDS would be required to be deducted in this case.

So, you would first be required to check if there is any Capital Gains arising to the NRI and the tax that would be payable on such gain by the NRI. The tax payable by NRI would be required to be deducted as TDS